Apple should face restrictions for conspiring to raise e-book prices, federal and state officials say
Friday, August 02, 2013 2:29 PM
Apple Inc. should face several restrictions to protect consumers and promote competition after a judge found it illegally conspired to raise e-book prices, federal and state officials said today, Reuters reported. The changes proposed by the U.S. Department of Justice and 33 U.S. states, including Iowa, and territories will be reviewed by U.S. District Judge Denise Cote in Manhattan, who on July 10 concluded that Apple violated antitrust law by playing a "central role" in a conspiracy with five major publishers to raise e-book prices. Read more.